Owners Fret Over Cost of Lead Law
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Andrew Hoffman is in a fight with insurance companies to buy a policy that includes lead paint coverage. The city’s new, tougher lead paint law has been in effect for two weeks, and the owner of the London Terrace in Chelsea will likely be forced to join other landlords in acquiring separate pollution policies, which are becoming prohibitively expensive in the shadow of the new legislation.
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